# PPP loan: MAHAR TOOL SUPPLY COMPANY INC.
> **$1.11M** approved 01/27/2021 · Paid in Full · Loan `6987068307`
## Borrower
- **Name:** MAHAR TOOL SUPPLY COMPANY INC.
- **Address:** 112 Williams St, Saginaw, MI, 48602-1441
- **NAICS:** 423840
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.11M
- **Initial approval:** $1.11M
- **Forgiven:** $1.12M (100%)
- **Forgiveness date:** 06/24/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.11M
- **Utilities:** $1
- **Jobs reported:** 88
## Lender
- **Originating:** Frankenmuth CU
- **Servicing:** Frankenmuth CU (MI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*